it assessee (father) property (flat)gift to son value rs:35 lacs
question:
father gift to son cash or proprietary benefit in it act.
Menu
Benefit gift of cash or proprietary
Replies (1)
FATHER'S GIFT TO SON WITH REGISTERED GIFT DEED IS EXEMPT UNDER IT ACT.
CASH GIFT BELOW 2 LAKHS ALSO ACCEPTABLE PROVIDED GIFT DEED REGISTERED.
Recent Topics :
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
Related Topics :
CAclubindia
